World News

ENOC Mull Next Steps for Expansion in "Key" Singapore Market
A number of ENOC's high level executives traveled to Singapore to evaluate business growth and expand the company's footprint.
28 Sep 2015
Shipping Confidence Begins Improving in Second Half of Year
May 2015 had previously seen confidence sink to all-time lows.
28 Sep 2015
Bunker Holding Aims To Be The Largest Bunker Company in the World
"One could easily imagine that one or two companies will come under our umbrella in the coming period," says Bunker Holding CEO Keld Demant.
28 Sep 2015
Aerial Survey Underway for Nicaragua's Panama Canal Alternative
The $50 billion canal project is expected to receive final survey reports by March 2016.
25 Sep 2015
TOTE: LNG Bunkers Are the Answer to Oil Price Volatility
LNG reportedly has the benefit of being in abundant supply and having fairly stable prices.
25 Sep 2015
New Software Aims to improve Fuel Efficiency, Reduce Unnecessary Maintenance
The software was developed by a UK-based James Fisher Mimic and Lancaster University.
25 Sep 2015
Crude Firms After Yesterday's Selloff
However, broader equities slumped throughout most of the day on concerns of slowing growth in the global economy.
24 Sep 2015
Cepsa Unveils 3 New Emissions Focussed Marine Lubes
"These new lubricants come at a time when there are new fuel qualities available and ships," says CEPSA.
24 Sep 2015
Weekly Vessel Scrapping Report: 2015 Week 38
Weekly Vessel Scrapping Report: 2015 Week 38
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from September 17 - September 23, 2015.
24 Sep 2015
Hapag-Lloyd: Box Ship Size Reaching the Limit of What Makes Economic Sense
CEO Rolf Habben-Jansen said that bunker savings potential is getting smaller as ships grow larger.
24 Sep 2015
Green Credentials of LNG Bunkers Questioned
A University of Delaware professor said that more attention needed to be made to the amount of GHG released during natural gas extraction.
24 Sep 2015
Mega Boxship Fuel Savings Due to Slow Steaming, Not Size
The OECD said that more than half of the fuel savings generated from larger ship were due to design changes for slower speeds.
24 Sep 2015
Crude Sinks Even Though US Stockpiles Fall More then Expected
Bunker prices were softening in the primary ports.
23 Sep 2015
Intertek Warns on Distillate Fuel Handling Issues Not Identified by ISO8217
"Distillates are not the problem free fuels that some operators would believe," Global Business Director Steve Bee has told Ship & Bunker.
23 Sep 2015
Carnival: Strong Q3 Result Despite "Slight Drag" from Bunker Hedging, Expects FY2015 Bunker Savings of $741M
Carnival posted a solid Q3 result despite "slight drag" from Bunker Hedging.
23 Sep 2015
ICS: Shipping's Fuel Efficiency Measures are Providing Genuine Reduction in Emissions
No need for "complex virtual measures such as carbon offsets" says ICS Secretary General Peter Hinchliffe ahead of Paris climate talks.
23 Sep 2015
Maersk Orders 9 New MR Tankers
Each of the nine vessels covered under the approximately $300 million order are said to have a capacity of 49,940 DWT each.
23 Sep 2015
Singapore JV Secures Finance for 2 New LNG Tankers
BW Pavilion LNG says it has secured a $360 million loan to support the construction of the company's two new LNG vessels.
23 Sep 2015
Mix Movements for Crude as Speculators Anticipate Record Stockpiles
However, the closing of two lines within the Colonial Pipeline was the saving grace to prices by settlement time as losses were pared.
22 Sep 2015
Bunker Holding Sees 50% Boost to Loan Facility, Brings Total Group Funding Over $1 Billion
"In light of the past turmoil in our industry we are quite satisfied to announce such a strongly increased loan facility," says CFO Jesper Klokker Hansen.
22 Sep 2015